Another week, another tale of fraud involving the Baounceback Loan scheme. Will anyone ever be held accountable for the billions that were taken? No, IE isn’t holding its breath on that one. Meanwhile here’s the […]
The latest from the FCA; Louise Whitestone, Thomas Seiler and Gustavo Raitzin have referred their Decision Notices to the Upper Tribunal where they will each present their respective cases. The Upper Tribunal will then determine […]
Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, announced today the sale of its Endurance at Lloyd’s (EAL) run-off business to RiverStone Holdings Limited (RiverStone International), effectively completing the company’s […]
Latest from the FCA; The FCA has fined Ghana International Bank Plc (GIB) £5,829,900 for poor anti-money laundering and counter-terrorist financing controls over its correspondent banking activities. GIB provided correspondent banking services to overseas banks. […]
Zurich Insurance Group (Zurich) is digitalizing its International Programs business using state-of-the-art technology to streamline stakeholder interaction globally. The transformation of the Group’s International Programs workflows will significantly enhance the customer and broker experience and […]
The Insurance Development Forum (IDF) recently announced a trio of key efforts launched during the IDF Summit 2022, which was convened at the Swiss Re Centre for Global Dialogue in Rüschlikon, Zurich, Switzerland on 13th and […]
HDI International AG, a subsidiary of Talanx Group, is strengthening its operations in its core market Brazil through the acquisition of the retail business of Sompo Seguros S.A. This acquisition enables HDI Seguros S.A. in Brazil to gain scale in motor and […]
Coverys has announced the launch of Coverys International Insurance Company based in Dublin, Ireland. Coverys International will write a portfolio of European specialty liability business primarily distributed through the group’s pan-European network of MGA companies that includes […]
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